(Original post by Kelem)
Gearing ratio, analysis about gearing ratio, advantages and disadvantages of budgets, given a scenario and then have to compare if they should stay as a sole trader or enter into a partnership

(Original post by df2397)
what about incole statement for a sole trader?

I think an income statement for a limited company may arise. I don't think it's very likely, but it's a total possibility so I wouldn't rule it out. AQA may make us do a whole income statement and then add the bottom equity bit with shares etc as there was no income statement in unit 1. I will look at the chart in college to see what the predictions are.

(Original post by Kelem)
I think an income statement for a limited company may arise. I don't think it's very likely, but it's a total possibility so I wouldn't rule it out. AQA may make us do a whole income statement and then add the bottom equity bit with shares etc as there was no income statement in unit 1. I will look at the chart in college to see what the predictions are.

But that's just my predictions.

What are yours?

but that came up last year and my HOPEs are:
Budgetting
Ratios
Sole Trader income statement
revenue and capital expenditure (problly will come up)

Be prepared for a full income statement with many adjustments OR a full balance sheet with the equity section, so you would need to work out the right issue or bonus issue? Also ratio calculations as well as analysis so know your theory and affects of ratios (how they can be improved etc)

(Original post by Kirthan 08)
Be prepared for a full income statement with many adjustments OR a full balance sheet with the equity section, so you would need to work out the right issue or bonus issue? Also ratio calculations as well as analysis so know your theory and affects of ratios (how they can be improved etc)

(Original post by Kbbbb)
It was so bad! I didn't get my balance sheet to balance and completely forgot to put in shop fittings for NCA!! I did all the workings out for it though so do you honk I'll still get the marks? Also what did you put for the last three errors and does omission go in suspense! There is no way that the suspense question was 7 marks. Here's hoping unit 2 is nice

No omission does not go in it, none of the cropco errors go in the suspense account. I felt the exam went ok but unit 2 there probably be a FADA question because it went so bad last year